Shareholders often remain anonymous as a result of various market factors. Many hide in the share register behind «nominees», people or institutions that hold shares for third parties. In combination with instruments such as shareholder identification, the share register offers companies the opportunity to find out who their shareholders are. Major companies regularly conduct this process, small and medium-sized enterprises generally only do it in special situations, for example in the event of controversial votes at the AGM (proxy solicitation of the shareholders in respect of the exercising of voting rights) or during M&A transactions.


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